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Versorgungswerk

English translation: pension scheme


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Versorgungswerk
English translation:pension scheme
Entered by: Antje Ruppert
Options:
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17:20 Jun 30, 2011
German to English translations [PRO]
Bus/Financial - Insurance / Rente, Berufsunfähigkeit
German term or phrase: Versorgungswerk
In my text this term refers to pension plan options, pension assistance funds, disability pension but also for supplementary health insurance policies. I don't have a sentence that will explain this in detail other than what I just stated. When I googled "Versorgungswerk" I always just found reference to pension plans but wonder if there is a term that includes pension plans and supplementary health care plans provided by an employer?

Thanks in advance,

Antje
Antje Ruppert
Local time: 04:32
pension scheme
Explanation:
I am not 100% sure about it but I think you could use "pension scheme" as a term that combines pensions plans, option, funds, etc.
Selected response from:

Ksenia West
United States
Local time: 02:32
Grading comment
I ended up using this term.
Thanks to all who contributed.
4 KudoZ points were awarded for this answer



Summary of answers provided
4employee benefits schemeGraeme High
3pension scheme
Ksenia West


Discussion entries: 1





  

Answers


18 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
pension scheme


Explanation:
I am not 100% sure about it but I think you could use "pension scheme" as a term that combines pensions plans, option, funds, etc.

Ksenia West
United States
Local time: 02:32
Works in field
Native speaker of: Native in RussianRussian, Native in EnglishEnglish
PRO pts in category: 4
Grading comment
I ended up using this term.
Thanks to all who contributed.
Login to enter a peer comment (or grade)

15 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
employee benefits scheme


Explanation:
"Versorgung" and "Vorsorge" do have a flavour of the old "providence" schemes set up by mutual companies many moons ago, but while they are still in common use in German, they tend to be simply "pension plans" or "employee benefits schemes" in modern-day insurance parlance. If it's just a general reference, I think "employee benefits" is the best option.


    Reference: http://www.employeebenefits.co.uk/
Graeme High
Local time: 09:32
Specializes in field
Native speaker of: Native in EnglishEnglish
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